The major European stock indices close the day lower led by France’s CAC with a decline of -0.91%. A look at the closing levels for the day shows: German DAX -0.65% France’s CAC -0.91% UK’s FTSE 100 -0.43% Spain’s Ibex -0.47% Italy’s FTSE MIB -0.31% For the trading week, the results were mixed. Looking at the weekly changes German…
United Kingdom CFTC GBP NC Net Positions down to £-84.2K from previous £-72.7K
2026.03.13 2026.03.13 USD/CAD: Elliott Wave Analysis and Forecast for 13.03.26–20.03.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below 1.3716 with a target of 1.3430–1.3300. A sell signal: the price holds below 1.3716. Stop Loss: above 1.3716, Take Profit: 1.3430–1.3300. Alternative scenario: Breakout and consolidation above 1.3716 will allow the…
Canada just posted its worst jobs report since the pandemic. The 83,900 jobs losses were the worst in a month since 2022 and — worse yet, there were 108K full-time jobs lost. That’s led to a slump in the Canadian dollar and boosted USD/CAD by 90 pips to 1.3728. That’s the highest for the pair since March 7. USD/CAD…
United States CFTC Gold NC Net Positions climbed from previous $160.1K to $163.1K
2026.03.13 2026.03.13 Gold Pulled in Opposite Directions. Forecast as of 13.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ A strong US dollar and rapidly rising Treasury yields are pushing XAU/USD lower, while geopolitical tensions are supporting gold. At the same time, a prolonged conflict in the Middle East could trigger a repeat of the 2022 scenario. Let’s discuss it and make a trading plan….
The latest NBC poll shows Trump’s approval among registered voters down 3 points to 44% from 47% in March 2025, with disapproval climbing to 54%. The DDHQ polling average paints a similar picture at 43.1/54.4. What matters for markets here is the midterm setup. Trump himself is flagging the risk, noting the historical pattern of the White House party…
An article of the Wall Street Journal mentioned that a Federal Judge threw out a pair of subpoenas that the Justice Department issued to the Federal Reserve Chair Jerome Powell. The US District Judge James Boasberg, in a decision unsealed Friday, ruled the subpoenas were improper, a blow to the US Attorney Jeanine Pirro’s criminal investigation versus Powell. Pirro, a…
2026.03.13 2026.03.13 USD/CHF: Elliott Wave Analysis and Forecast for 13.03.26–20.03.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below 0.8038 with a target of 0.7420–0.7200. A sell signal: the price holds below 0.8038. Stop Loss: above 0.8038, Take Profit: 0.7420–0.7200. Alternative scenario: Breakout and consolidation above 0.8038 will…
One of the most-unbelievable moments this year (and there have been many already) was a Sunday-night video from Fed Chairman Jerome Powell where he fought back after he was handed a subpoena due to cost overruns in Fed renovations. It was a clear politicization of the Fed and meant to pressure Powell to lower rates, resign or not stay…
